Index: util-linux-ng-2.14.1/mount/lomount.c
===================================================================
--- util-linux-ng-2.14.1.orig/mount/lomount.c	2008-09-10 11:02:43.000000000 +0200
+++ util-linux-ng-2.14.1/mount/lomount.c	2008-11-07 14:00:28.000000000 +0100
@@ -653,7 +653,8 @@ set_loop(const char *device, const char
 
 	mode = (*options & SETLOOP_RDONLY) ? O_RDONLY : O_RDWR;
 	if ((ffd = open(file, mode)) < 0) {
-		if (!(*options & SETLOOP_RDONLY) && errno == EROFS)
+		if (!(*options & SETLOOP_RDONLY) &&
+		    (errno == EROFS || errno == EACCES))
 			ffd = open(file, mode = O_RDONLY);
 		if (ffd < 0) {
 			perror(file);